A project of the
Institute for Policy Studies

Is Education the Answer to Income Inequality?

It has long been fashionable to assert that education is the answer to our growing inequality problem. But even if increasing educational attainment reduced inequality of opportunity, this does not imply a direct acceleration of the rate of average income growth of the bottom 99 percent.

In High Finance, Humming a Happy Tune

The latest annual hedge fund industry compensation stats have power suits smiling — and ordinary mortals worrying about public education’s future. Hedge fund manager billions are reshaping the education public policy debate. The problem: Not everyone shares their vision.

Plutocracy with a Philanthropic Face

Sam Pizzigati

“Plutocracy” first burst big-time into our national political consciousness in the late 19th century, and the concept still conjures up today, well over a century later, much the same images as way back then. We envision, at any mention of “plutocrat,” some Wall Street banker, his pockets overflowing with greenbacks, or a robber baron industrialist, […]

Our Trickle-Down Achievement Gap

Stanford’s Sean Reardon starts out his latest research, on the achievement gap between students from rich families and poor, with a question no one has yet asked: Has this educational gap grown as the dollar gap between high- and low-income U.S. families has widened?